Multiple Choice
A bank quotes an APY of 8%.A small business that has an account with the bank had $2,500 in their account for half the year and $5,000 in their account for the other half of the year.How much in total interest earnings did the business make during the year?
A) $300
B) $200
C) $400
D) $150
E) None of the options is correct
Correct Answer:
Verified
Correct Answer:
Verified
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